Poonawalla fincorps

books of accounts

This query is : Resolved 

29 March 2009 as per maharashtra sales tax for a businessman how long (upto which year) one should keep books of accounts say as on 31/3/09
1) Purchase bills
2) sales invoice
3) pur.,sale register and ledger
4) expense ledger, bills, vouchers
5) cheq,slip books, bank statements

30 March 2009 As per sec 44AA of IT Act, books of account and documents have to be kept and maintained for a period of six years from the end of the relevant assessment year and notice u/s 147 can be issued upto six years



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